Monday, February 03, 2014

When was the last time there was a company picnic? This stuff substance abuse, too?

Seriously, what is going on here?

Wednesday 29 January 2014 
 
The bank worker who died (click here) after falling from the roof of JP Morgan's European headquarters in Canary Wharf on Tuesday morning has been named as Gabriel Magee, a senior IT programmer.

The 39-year-old American had been at the investment banking giant for 10 years in New York and London, working his way up to become a vice president in CIB Technology. Colleagues and friends expressed shock at his death.

Mr Magee plunged from the top of the 500ft European headquarters of the investment bank at 8am, at the peak of the financial district's rush hour. He landed on the roof of a ninth-floor podium of the building at 25 Bank Street and was pronounced dead at the scene by paramedics....

Staging a death in display of the employer screams out loud to the motive. It is fairly obvious. At least they are not involving other lives.

Ketan Thakkar, Chanchal Pal Chauhan & Lijee Philip
ET Bureau  
Jan 28, 2014, 05.54AM IST
MUMBAI | NEW DELHI: Shares of Tata Motors (click here) reacted sharply to the news of the death of Karl Slym, it's managing director and the man widely seen as driving the effort to turn around the company's faltering domestic business. The scrip closed down 6.13 per cent at Rs347.80.

New details also emerged on Monday of the circumstances surrounding Slym's death, with Thai police saying the 51-year-old may have committed suicide....

Suicides do promote more suicides. That is a fact. If a suicide appears in the media, there will be others that mimics it. I would NOT pass this information around in the companies. Companies do have security issues, right? This is one of them. The deaths need to be reported to authorities, but, the companies need to work with a government agency of some kind to stop this mess. But, stop passing the news around.

By Daily Mail Reporter



Russell Investments chief economist Mike Dueker (click here) was found dead Thursday, and police said it appeared he had taken his own life by jumping from a ramp near the Tacoma Narrows Bridge in Washington State.
His death is the latest in a series of untimely deaths among finance workers and business leaders around the world this past week.
An officer who knew Dueker was missing in the area spotted the body about 8:30 a.m. at the base of a 40- to 50-foot embankment for a Highway 16 ramp, Pierce County sheriff's spokesman Ed Troyer said....

Rather than allowing casual colleagues to know about suicide deaths simply state there was a leave of absence and let some time pass before others are made aware of the outcome of a life in dire desperation. Stop the impetus. Seriously. Companies might want to encourage a leave of absence, too. Paid leave even. This has to be stopped. What is the common denominator? These deaths are related.

Jan 30, 2014, 2:48pm PST  
Updated: Jan 31, 2014, 8:07am PST

Mike Dueker, the chief economist at Russell Investments, (click here) has died of an apparent suicide, the Pierce County Sheriff’s Department said Thursday.

Sheriff’s spokesman Ed Troyer said investigators have learned that Dueker was having issues at work but did not elaborate. “That’s as much as we can go into it,” Troyer said.

Dueker’s death comes days after the company that owns Seattle-based Russell Investments said that a sale of Russell is being considered.

In a prepared statement, Russell spokeswoman Jennifer Tice did not mention the potential sale or Dueker’s work-related issues. 

“We were deeply saddened to learn today of the death of our colleague and friend Mike Dueker,” Tice said....

Ya know, Wall Street is one of the worst sweat shops in the world. It may very well be the careers of these professionals are more 'episodic' than long term. I mean how many millions/billions does one need? Success in this profession may have come to the point where short careers are the norm. A return after a time might be the new normal. A professional should be able to measure their stress level and when it is becoming adverse in THEIR PRIVATE LIVES. Substance abuse should not be condoned and rehab a requirement if discovered.

I don't know these folks, but, people with a conscience can have personal conflicts when Wall Street has an egregious effect on the rest of the world. 

Companies might want to look at their moral content and I not talking about marriage fidelity or is this about philanthropic activities. Philanthropic activities that don't produce jobs and end suffering by an entire generation isn't philanthropic at all.

The industry should know what this is all about.